The board members are likely to take an upbeat view on the economy when the interim review of their October semi-annual outlook report is released later today.
More Quotes from Satoru Ogasawara:
The improvement in jobs and wages means we can expect spending to be pretty good this year. Consumer spending will be reliable source of growth that will support the economy.Satoru Ogasawara
The economy is getting better, so Japan is putting more of its money overseas again.
Satoru Ogasawara
With the domestic economy getting back onto a normal footing, individuals are becoming less afraid of risk.
Satoru Ogasawara
The Fed seems still concerned about the risk of inflation.
Satoru Ogasawara
With consumer spending remaining strong on the back of rising income levels and improvements in the employment climate, conditions would appear to be right to begin passing on price rises to the end consumer sooner rather than later.
Satoru Ogasawara
The dollar inherited its strength from last week after a rise in the US employment report reassured market expectations of an interest rate rise in May.
Satoru Ogasawara
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